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Strategies & Market Trends : Z PORTFOLIO

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To: Ron McKinnon who wrote (1315)	1/4/1998 12:34:00 PM
From: DanZ	Read Replies (1) of 11568

Portfolio. Ron, The portfolio looks correct. I just want to make sure that I'm calculating buying power correctly. Is this correct: Buying power = Beginning balance - Purchases at cost + Gains realized + Unrealized gains Plugging in numbers: Buying power = 500,000 - 347,494 + 0 + 14,265 = $166,771 Or do we exclude the unrealized gains, making buying power Buying power = Beginning balance - Purchases at cost + Gains realized 500,000 - 347,494 + 0 = $152,506 I don't have a cash account and am unsure if you can trade on unrealized gains.

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